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20121201
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Search Results 0 to 6 of about 7 (some duplicates have been removed)
. in 30 minutes, senator bob corker and kent conrad. and at 9:00 eastern, representative scott garrett and sander levin. remember "squawk on the street." >> that's right. "squawk on the street" we have a lot to come, as well. the two senators we're talking with next, two members of the gang of eight now. we'll talk to them. guys we'll send it back to you right now. >> great. thanks, guys. appreciate that. we are now, though, going to flip it over to phil lebeau who is in new york and he's got breaking news. >> as expected we knew that delta was in negotiations to buy 49% stake in virgin atlantic. the deal has been completed. the price is $360 million for that delta will increase its access to heathrow. that's really the key here. 31 daily nonstop flights. that's all part of what goes between the uk and north america for virgin atlantic. the brand remains, guys. make that clear here. the virgin atlantic brand does not go away. what changes is that delta has a 49% stake in the company. there's going to be a press conference later this morning here in new york. we're going to be talking w
we're willing to go book to 39.6%, as bob corker said over the weekend? is it helpful? >> i think it is hopeful for the republicans on the revenue side we're willing to move. i believe in capping deductions. bowles-simpson is bipartisan proposal. "gang of six" senators, three democrats, three republicans. they didn't raise rates. they capped deductions to. raising rates is partisan political trophy for obama. i don't want to go down that road only if they do entitlement reform. i don't hear any democrat of note hering what i would do on the entitlement side. if i were republicans i would be quiet for a while and see what the democrats put on the table for entitlement reform. >> big debate last week republicans saying we will do exactly with you said. we're only going to do cuts in deductions. we'll eliminate loop hoses. -- loopholes. that is what happened over the weekend. seems like over the weekend it dissolved into accepting of raising tax rates. the president said there is no deal unless i get that. that is what i ran on. american people are expecting that. >> here is where th
him to in michigan, senator inouye made his two lifelong friends, one senator bob dole, who as we know, became majority leader here in the senate and the republican nominee for president of the united states. and his other lifetime friend is the late senator phil hart, who was known as the conscience of the senate and the hart building, the massive senate office building, is named after him. asked by his son why after being classified as an enemy alien he and the members of the 442nd fought so heroically, senator inouye said in his usual, calm man, for the children. and for the children there could be no finer role model than senator dan inouye. he was a recipient of the medal of honor, a congressional gold medal, the highest honor can bestow. he served the distinguished service cross, a bronze star for valor and, of course, a purple heart. dan inouye showed the same dedication in congress he displayed on if battlefield. i want to take just a little bit here, mr. president, and talk about a meeting that i had, i mentioned it very previously last night but it was ten days ago. i knew se
bob corker, former businessman is very outspoken on this as well. he will speak to the israeli ambassador on the latest developments overseas. that is "fox news sunday". our thanks to chris as we always see mr. sunday, on sunday afternoon and sunday morning depending where you are. bill: no shortage of topics. martha: no. bill:. recording your every move while you drive. while the same kind of black box found in an airplane could be standard on the next car that you buy. plus there's this. martha: wow! a car plowed into a store. the bizarre accident was caught on tape. we'll show you what happened. we'll be right back. you can't argue with nutrition you can see. great grains. great grains cereal starts whole and stays whole. see the seam? more pcessed flakes look nothing like natural grains. i'm eating what i kn is better nutrition. mmmm. great grains. search great grains and see for yourself. bill: well, if you drive, and many of you do you do not know this just yet. soon there could be a device in every car recording your every move. how fast you go. do you stop? do you accel
are pleased to have our distinguished colleagues chuck schumer from new york, bob mendez from new jersey and i believe senator gillibrand will be here shortly. the senators have been a strong partners in this rebuilding effort. it is a great privilege to work together. we are really strong team we share the value of a quick action and sufficient resources to get this job done. as i mentioned, we are in the largest transportation. in the country and it takes diligence and skill of our friends and colleagues. senator schumer. >> thank you, mr. chairman. first, thank you for this hearing but also for your great partnership. new york and new jersey were together as a bipartisan by-date delegation along with our colleagues from rest of the northeast to deal with this awful, awful devastation. it is good you are in so many important positions that will have a lot of say in how we deal with this and we're grateful for that as well as your leadership. thank you, ranking member, senator wicker. west hamilton beach was in my old congressional district. it is one of the few volunteer fire departments in
than we do of linking appropriations. host: let's hear from bob in minnesota, republican caller. caller: there is a topic that nobody wants to talk about. it is the interest rate. the interest paid on our national debt. currently, most of the debt is under short term, under 1%. it is manipulated by the federal reserve and the treasury department. it is going to go from a historic -- $1.50 trillion in interest annually on the national debt. how is that going to impact the military industrial complex in the near future when that actually comes to be? guest: that clearly is a ticking time bomb for any part of the federal government. we are in a period of unusually low interest rates. when they rise, it is going to be a body blow to the national politics and the country. the jump from 1% to 7% is such a massive increase in taxes that the only thing i can think of is greece. host: what does it mean for the pentagon? guest: greece used to be one of the only three non-u.s. countries in nato that was spending 2% of gdp on national security. they are now below that because they cannot afford it.
Search Results 0 to 6 of about 7 (some duplicates have been removed)